Delaware location just sent a memo that prohibits children in office… that wouldn’t be an issue if you let employees wfh instead of forcing people back in the first place, now they are b*tching about an “issue” when you took away the solution by... — read more
How many next :O
https://www.reuters.com/business/finance/jpmorgan-plans-63-job-cuts-jersey-city-2023-07-11/
Starting to look for remote work outside
sick of playing bosses' games to make us come in somehow - holding town halls and important meetings in-person "required" on days we are supposed to be remote, yet the bosses never show up. Started to look for full-time remote today. found a few... — read more
Home Lending employees' future amid low home sales
Very few people are selling or buying homes in 7% plus interest rates. Do you see something on horizon for Home Lending Employees, both Business and Tech?
Hiring Freeze
Does anyone have any information on why it is so hard to open new positions in CCB? Is this per department and team or across the board? When will the restrictions be lifted? Is there anything that can be done to get a new req approved?
Pay for VP role
Can anyone suggest the pay to negotiate for VP role at JP Morgan? How flexible are teams with remote work?
Horrible
Horrible management, All-they-can-spam D&I emails, lazy coworkers/pretenders.... Please add your insights!!!
Does the Firm have a mandatory vacation policy???
I have been working here for a couple of years and ask if anyone knows is there is a firmwide requirement that you must take at least one weeks vacation? I work with a woman who never takes a vacation day? Is this possible my last employment had a... — read more
What exactly is JPM hiding?
https://www.foxbusiness.com/features/jeffrey-epstein-was-asked-help-craft-virgin-islands-s-x-offender-law-first-lady You don't drop 280 Million to hide nothing. Jamie needs to be a open book about this, no one should work for a company that's... — read more
No layoffs after all?
Seems like layoffs aren't happening after all. I haven't heard a peep.
Why the firm wants you to RTTO
And no, it’s not because it benefits you, the employee, even when they are trying to sugar coat it https://youtu.be/jrsRvozsUQ8
THE SOCIETY AT JPMC
MANAGERS DUMP UNSUSTAINABLE AMOUNTS OF WORK ON TENURE EMPLOYEES AND THE MANAGING DIRECTORS THINK THEY ARE gods HORRIBLE SOCIETY AND THE NEWBEES ARE NAIVE! THIS IS WHY THEY PREFER THEM OVER TENURE SKILLED EMPLOYEES
Less skilled employees are more valued
Why is that? I know this is not the case only here, but here it is becoming more and more frequent.
June layoffs?
Any chatter in stateside home lending layoffs? Specifically TA/CDA?
RTTO insights
https://fortune.com/2023/06/05/half-finance-workers-would-quit-bosses-required-them-more-time-in-office/
Will JPM become the new top dog in mortgage?
With Wells Fargo significantly cutting back and with all the problems in the IMB/correspondent space….JPM is uniquely positioned to be #1 in mortgage. Which would be a little ironic since Jamie doesn’t care for the biz. Chase actually does have good... — read more
Bill Ackman Publishes a Probe Balloon For Jamie Dimon 4 President
https://twitter.com/billackman/status/1663959113703751720
Rarely does anyone feel appreciated here
Maybe I'm wrong, but I have the impression that employee dissatisfaction is greater than ever, at least since I've been working here and I've been here for a very long time. People want to feel appreciated, but who can say that they feel that way... — read more
Shocking reality of JPM’s surveillance
See the vid yourself, the tracking is not just about how many times you scanned your badge….. https://youtu.be/rHjgQCkpZIs
JPMorgan Chase Looks for Layoffs Following First Republic Bank
The US banking giant, JPMorgan Chase, reportedly is looking towards laying off 500 employees from its workforce. Reducing the headcounts was the routine instance during the past several months across industries in different sectors... — read more
What’s the scoop on Springfield?
Heard two different things in the last week or so. First, heard no more hiring there and they are going to allow attrition to take care of things. Then, jus heard about packages and layoffs. Anyone have info?
Jaime knew
https://www.washingtonpost.com/business/2023/05/26/epstein-jpmorgan-client-s-x-offender-warnings/
500 cuts while hiring 13K?
https://www.cnbc.com/2023/05/26/job-cuts-jpmorgan-chase-cut-about-500-tech-and-ops-jobs-.html
Safest department
Rumors of layoffs make me very anxious. I'm preparing anyway, although I refuse to believe that the rumored layoffs will be so big. Do you think there are some departments that are safer than others?
June layoffs
That’s what I’m hearing
People are mad about this !
We have an email distribution error and it went to firm wide by mistake and people are mad when replying all asking for removal. Seeing them being so mad on such trivial thing is really cute :)
CCS Soft Layoffs in Springfield MO
Removing all non customer facing positions. Forced to relocate or demote. Full hiring freeze and leadership bluntly stated there are no growth opportunities that do not require relocation now. Letting 2/3 of buildings lease expire. Use your PTO... — read more
WADU
https://www.reddit.com/gallery/13iqvqj
No career path for Technology roles
I am a Senior Lead with 22 year of experience and extensive technical background. I did not understand the employee ranking when I hired on. My title in my previous company was Senior Principal. I have many colleagues who are less skilled, have just... — read more
How valued do you feel at work?
Do you feel valued at all? Of all the places I worked at in my 15-year-long career, I feel the least appreciated at JPMorgan. Had I known how little the management thinks of employees here I would have never accepted the job offer two years ago, but... — read more
Start considering smaller banks
Don't get stuck looking just at the big banks. Many smaller banks are more than eager to hire talented individuals from bigger banks and are often willing to offer competitive compensation packages to do so. True, you may need to forego your bonus... — read more
Are layoffs imminent?
There are many rumors out there that layoffs are coming but I hope that they are not true.
JPM Discriminates Against Religious and Conservative Organizations
Another story the mainstream media and cnbc ignoring. https://www.foxbusiness.com/politics/chase-bank-warned-religious-discrimination-gop-attorneys-general
New position
Annoyed that I have tried to grow myself and looking to expand because honestly CDA work is mundane and monkey work. How do you get a new position. I get the you didn’t get selected email but no feedback. Terrible.
First Republic offered super low rates for their clients caused collapse
https://www.businessinsider.com/why-first-republic-bank-in-trouble-mortgages-backfired-rising-rates-2023-4 People lost their jobs and couldn’t get deals because competitors like these sc-mbags took out deals and now our jobs
JPM buys up 1st Republic Assets
https://seekingalpha.com/article/4598591-first-republic-bank-jpmorgan-comes-to-rescue
Employee Survey
HLA here, hoping everyone does the employee survey honestly this year! From my point of view, they are just letting us make minimum wage while going we quit in order to not pay us severance or unemployment. They helped us when covid started, but... — read more
RIF
Any orgs hear about the RIF happening today?